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Babson Capital Global Short Duration High Yield Fund

Babson Capital Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for December 2013 of $0.1677 per share payable on January 2, 2014. Based on the Fund’s November 29, 2013 share price of $22.98 per share, the distribution represents an annualized yield of 8.76% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

Additionally, the Fund announced estimated monthly distributions of $0.1677 per share for January 2014 and February 2014. The distribution schedule appears below:

Month

Ex-Date

Record Date

Payable Date

Amount1

December

12/18/2013

12/20/2013

1/02/2014

$0.1677

January

1/21/2014

1/23/2014

2/03/2014

$0.1677

February

2/18/2014

2/20/2014

3/03/2014

$0.1677

1Amounts represent estimates for January and February.

The Fund is a non-diversified, closed-end management investment company that is managed by Babson Capital Management LLC. The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Babson Capital determines is consistent with capital preservation, with a secondary objective of capital appreciation. The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less. In addition, the Fund expects to declare and pay in December a special dividend in such amount as is necessary to distribute the Fund’s undistributed income and realized capital gains.

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